Which of the following is a reason businesses purchase securities? a. To profit from changes in day-today
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Which of the following is a reason businesses purchase securities?
a. To profit from changes in day-today security prices
b. To diversify risk
c. To save (and earn returns on) money from uneven cash flows
d. All of the above are reasons to purchase securities
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Related Book For
Cornerstones Of Financial Accounting
ISBN: 9780176707125
2nd Canadian Edition
Authors: Jay Rich, Jefferson Jones, Maryanne Mowen, Don Hansen, Donald Jones, Ralph Tassone
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